STX Shipbuilding Swings to Profit in 2006

Tuesday, March 06, 2007
STX Shipbuilding Co., said Monday that it swung to a profit in 2006 from a loss a year earlier on rising demand for high-priced ships. Net profit reached $43.3m last year, compared with a loss of 6 billion won a year earlier, the company said in a regulatory filing. Source: Yonhap
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Finance

Polynesian Shipping Sold to Neptune Pacific Line

The Board of Polynesian Shipping Line Limited, Apia informed   that the business and the Company’s associated investments have been sold to Neptune Pacific Line Limited.

Airbus May Sell Stake in Submarine Supplier

Airbus is considering a sale of its 49 percent stake in submarine supplier Atlas Elektronik as part of a reshuffle of its military business, German newspaper Die

W.Africa Crude Slow to Trade; Nigerian Glut Fading

Angolan cargoes for October loading are so far finding buyers slowly, traders said on Friday, while there were further signs that an overhang of September-loading Nigerian cargoes is being absorbed.

Coast Guard

USCG Suspend Search for Missing Man in Biscayne Bay

Coast Guard search-and-rescue crews suspended their search for a burglary suspect in the vicinity of the Rickenbacker Causeway Friday afternoon. At approximately 2 a.

USCG Boatcrew Searching for Burglary Suspect

U.S. Coast Guard (USCG) search-and-rescue crews are currently searching for a burglary suspect in the vicinity of the Rickenbacker Causeway near Miami, Fla. Friday morning.

Massive Haitian Refugee Rescues off Bahamas

Coast Guard crews and Royal Bahamian Defence Force (RBDF) rescued more than 400 Haitians illegally migrating in three separate at sea interdictions in the span of 11 days, informs the US Coast Guard.

 
 
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